PENGARUH PENGUNGKAPAN TANGGUNG JAWAB SOSIAL DAN LINGKUNGAN PERUSAHAAN TERHADAP MANAJEMEN LABA
ABSTRACT: This study aims to
examine the influence of corporate social responsibility disclosure (CSRDI) on
earnings management, either through discretionary accrualsand real activities
manipulation (RAM). This study uses proxy discretionary accruals to measure
earnings management by using a measurement used by Kothari (2005). Earnings
management through real activities manipulation can be detected by the abnormal
levelsof operating cash flows, discretionary expenditures, and production costs
through Roychowdury models (2006). CSR disclosure is measured by indicators
that contained in the GRI G3.1 Guidelines. This study controls some of the
factors that can also affect earnings management, such as the frm size,
leverage, market-tobook value, growth, and auditors. The samples of this study
are the high-profle industries that are listed on Indonesian Stock Exchange
(ISE) in period 2012-2013. The data are taken from annual reports and fnancial statements
of the companies. This study builds fve different regression models to test the
hypotheses. Thehypotheses are tested by multiple linear regression analysis.
This study proves that (1) the CSR disclosure negatively affect earnings
management through discretionary accruals in companies that are classifed as
high-profle industry; (2) the CSR disclosure positively affect earnings
management through abnormal levels of operating cash flows in companies that are
classifed as high-profle industry. However, this study fails to prove the
influence of CSRDI on earnings management, either through abnormal production
costs, abnormal discretionary expenditures, and combined measure of real
activities manipulation.
Keywords: corporate social
responsibility disclosure, earnings management, discretionary accruals, real activities
manipulation, high-profle industries
Penulis: Nina Novitafiani
Kode Jurnal: jpakuntansidd160591
